In Focus
How Singapore is bringing the legal industry into the digital age
How Singapore is bringing the legal industry into the digital age
Legaltech innovations are now moving beyond document generation solutions towards blockchain application.
Singapore's medical tourism ambitions falter as Malaysia steps up
Malaysia offers more competitive surgery costs with a heart bypass costing just US$14,000 compared to US$23,000 in Singapore.
MTI downgrades Singapore's 2019 GDP forecast to 1.5-2.5% amidst weakening outlook
Growth in the manufacturing, wholesale trade, transportation and storage sectors will likely be subdued.
Banks stand strong against bad loan wave in Q1
The formation of new bad loans in Q1 was the lowest in five years.
Singapore bank NIMs up 3bps in Q1
UOB was the only weak link as margins shrunk 5bps.
Developer sales fell 75.5% to 444 units in April
76.1% of the units sold for the month were previously launched in 2018.
Luxury home sales take off in Q1
New non-landed homes in CCR skyrocketed 82.4% to 186 units.
Singapore's billionaire population down 11.4% in 2018 amidst equities rout
High-net worth wealth also fell 8.8% to US$84b.
Singapore telcos brace for higher costs amidst 5G rollout
The leverage of Singtel is set to increase to 2.3x-2.5x in FY19.
Singapore ranked as fourth costliest Asian city to build in
The construction sector shrank by 3.4% in 2018 due to a slowdown in public sector construction activities.
Older flats defy depreciation concerns as sales hit record high in Q1
Sales of older flats made up 13.9% of total resale transactions in Q1 2019.
Unicorns deploy funding into corporate venture funds in bid for superapp status
Drawn by the growth story in Southeast Asia, corporate venture capital funds by unicorns as well as by foreign challengers are setting their sights in opportunities in Singapore.
Singapore PMI down 0.5 point to 50.3 in April
Moderating growth in the new orders, exports, factory output, inventory and employment level dragged monthly figures.
How ING Singapore is leading 600-strong staff against disruption
Its wholesale banking unit is ditching the pyramid structure in favour of self-steering teams.
Why auctions are failing to take off even as listings rise
The aggregate value of properties sold at auctions fell 26.1% to 11.57m in Q1.
Singapore splurges $2.8b on FX fees yearly: report
The average consumer spends 15 times as much as companies in FX fees per dollar remitted.
Behind Grab's push for more diverse workspaces
GrabFood has around 20 riders with physical disabilities carrying out food deliveries.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform